Violation Tracker Individual Record
Company:
Hearst Corp.
Current Parent Company:
Hearst
Penalty:
$4,000,000
Year:
2001
Date:
October 11, 2001
Offense Group:
financial offenses
Primary Offense:
investor protection violation
Secondary Offense:
premerger notification violation
Violation Description:
The Hearst Corporation and its parent, The Hearst Trust, agreed to pay $4 million to settle charges that the company failed to produce key documents before undertaking an acquisition subject to pre-merger review.
Level of Government:
federal
Action Type:
agency action
Agency:
Justice Department Antitrust Division
Civil or Criminal Case:
civil
HQ Country of Parent:
USA
HQ State of Parent:
New York
Ownership Structure of Parent:
privately held
Major Industry of Parent:
media
Specific Industry of Parent:
media
Source of Data:
Source Notes:
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note:
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.